CIMB Announces Increase in Rates Commencing July 2022

In line with Bank Negara Malaysia’s (BNM) Overnight Policy Rate (OPR) increase of 25 basis points from 2.00% to 2.25% on 6 July 2022, CIMB Bank and CIMB Islamic will effect a corresponding 25 basis point increase in their Base Rate and Fixed Deposit / Fixed Return Income Account-i Board Rates.

Similarly, all financing facilities based on the Base Lending Rate (BLR) and Base Financing Rate (BFR) will be increased by 0.25%.

All rate changes will take effect on 13 July 2022.

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